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Eurofast Appoints New Director

Georgiades: Credit Rating Agencies Reports In Line With Government Estimates

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ECONOMY

Consumer Prices Increase by 1.7%

Consumer Prices Increase by 1.7%

The Harmonized Price Index for June 2018 increased by 1.7% when compared to June 2017, while compared to May of 2018 increased by 1.0%. For the period January-June 2018 the HICP remained stable compared to the corresponding period of the previous year. Compared both to the index of June 2017 and to the index of the previous month, the largest change was noted in Transport with percentages 6.8% and 2.9% respectively. For ...

ECONOMY

Cyprus Records Largest Annual Decrease in ...

Public debt in Cyprus recorded the largest annual decrease in the EU, with -11. ...

Georgiades: Credit Rating Agencies Reports ...

Finance Minister Harris Georgiades said Thursday 19 July that the latest ...

Moody's: Cyprus Broadens Capital-Gains Tax ...

Rating agency Moody’s says in its weekly “Credit Outlook” ...

Prices of Construction Materials at Highest ...

The Price Index of Construction Materials reached 100.50 units (base year ...

Fitch: Sale of State-Owned CCB Will Not ...

The sale of Cyprus Cooperative Bank (CCB) will increase Cyprus`s sovereign debt ...

Cyprus Registers €1.7 Billion Trade Deficit ...

Cyprus exports of goods reached €2.0 billion in the period from January ...

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FROM AROUND GOLDNEWS

   

Syllouris – Varemenos Discuss the Cyprus Problem, the Economy and Current Affairs

Acting Cyprus President and House Speaker Demetris Syllouris and 2nd Deputy Speaker of the Hellenic Parliament Georgios Varemenos had a meeting in Nicosia ...
   

Cyprus Records Largest Annual Decrease in Public Debt

Public debt in Cyprus recorded the largest annual decrease in the EU, with -11.3 points, moving from 106% of GDP a year ago to 94.7% in Q1 2018, according to ...
   

Signing of Agreement for the Operation of a ‘Satellite Casino’ at Larnaka International Airport

Hermes Airports Ltd and Integrated Casino Resorts Cyprus Ltd (ICR Cyprus) announce the signing of a commercial agreement with which the airport operating ...
   

Pound Drops below $1.30 as June Retail Sales Fall

The pound has fallen under $1.30 after a surprise fall in retail sales in June, confounding expectations of an increase. The Office for National Statistics ...
   

Ryanair Flight Cancellations Affect 4,000 People

Ryanair pilots have gone on strike, resulting in 4,000 people having their flights between the Republic of Ireland and the UK cancelled. It is the second of ...
   

Burberry Burns Bags, Clothes and Perfume worth Millions

Burberry, the upmarket British fashion label, destroyed unsold clothes, accessories and perfume worth £28.6m last year to protect its brand. It takes ...
   

Trump Slams EU over $5 Billion Fine On Google

U.S. President Donald Trump on Thursday 19 July criticized the European Union over a record $5 billion fine EU antitrust regulators imposed on Google, saying ...
   

Georgiades: Credit Rating Agencies Reports In Line With Government Estimates

Finance Minister Harris Georgiades said Thursday 19 July that the latest reports of credit rating agencies about Cyprus were in line with the ...

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